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Property profile

24190 Us Highway 98 Daphne, AL 36526

OFF-MARKET
Office Spaces
6,000 SF 14.81 ac lot Built 1995
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Property summary

AI-generated overview

This exceptional Fairhope office suite, located in Montrose Square on Highway 98, offers 2,720 square feet of fully improved space. Renovated in 2020, the suite boasts a modern design featuring a lobby/reception area, a dedicated conference room, seven private offices, an open workspace ideal for collaboration, a secure IT room with its own AC unit, a convenient copy area, and a well-equipped kitchen. High-quality finishes include luxury vinyl plank (LVP) flooring and carpet squares. Restrooms are shared with one other tenant. The property sits on a 14.81-acre lot and is part of a larger building totaling 6,000 square feet, a Class B building constructed in 1995. The building is a two-story structure with a total of 31 parking spaces, providing a convenient 5/1000 parking ratio. This single-tenant occupancy opportunity includes real estate taxes, insurance, and common area maintenance (CAM) in the lease rate. Utilities and janitorial services are the responsibility of the tenant. This is a fantastic opportunity for a business seeking a well-maintained, conveniently located office space in the thriving Fairhope area. The property is situated in Baldwin County, Alabama.

Property profile

Verified
Property type Office Spaces
Year built 1995
Total area 6,000 SF
Lot 14.81 ac (645,124 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

24190 Us Highway 98 Daphne, AL 36526
Daphne metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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